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The alternative would be to give the lender the first right to repurchase the equity held by the federal government at original cost plus interest.
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Facebook reportedly issued these employees options without any restrictions on resale, except that it has a right to repurchase the shares if employees try to sell.
During his term as prime minister, Ballance imposed progressive land and income taxes and gained for the government the right to repurchase private land for development.
He explained that Goldman has the right to repurchase his preferred shares, which have sharply increased in value, on 30 days notice.
The stock part of the deal means Vodafone will own about 10percentt of France Telecom, but the French company will have the right to repurchase those shares.
Banks that have repaid the money get the right to repurchase the warrants, provided they and the Treasury can agree on a fair market value for them.
His shares vest over the next three years, meaning that Lante has the right to repurchase his unvested shares at $1.35 apiece.
The company insists the partnership hasn't changed and that it has the right to repurchase the 1% stake later.
His shares vest over the next three years, meaning Lante has the right to repurchase his unvested shares at $1.35.
As in Zollars' case, the companies typically retain a right to repurchase a portion of those shares at the grant price if the executive screws up.
Under the CPP investment agreements, firms that repay the government's preferred stock investments will also have the right to repurchase the warrants Treasury holds in their firms at fair market value.
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CEO of Professional Science Editing for Scientists @ prosciediting.com